As I understand the capital raising wille happening very soon. They do have an underwriter for the raising and it would appear that it will be at a cheap enough price that all shareholders should take up their entitlement. With some good announcements this new issue should be a profitable exersize although there will be a Shite Load of shares that will warrant a large share consolidation sometime in the future when all the ducks are lined up and LKO will become a must have because of the cashflow they will be recieving DYOR Cheer Towie
LKO Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
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